Welcome back to another episode of the Resellers Mindset Podcast.
My name is Mike, also known as the used book guy on YouTube,
along with my friend and fellow full-time reseller, Johnny B.
We help people start and grow their reselling businesses from the ground up.
We also have a weekly zoom call and private discord for all YouTube members.
Head on over to youtube.com backslash use book guy to join the channel and gain
access to the full length podcast zoom call and private discord today.
Let's get into this week's episode.
What is up everybody?
Welcome into another episode, Resellers Mindset Podcast, Mike next to Johnny.
Today's topic is a fun, but it is an important one.
And I think there's two aspects to this.
When should somebody quit reselling?
And I'm not just talking about, Hey, you know, like I quit, I'm not getting results.
You also can look at it from the other side as, Hey, I am retiring from reselling.
I know this is unheard of.
This is like, and there's no really YouTubers out there that are like,
I'm retiring from reselling.
It's like we resell until we're dead.
But the other side of it is, Hey, I am not making the money I need to make.
Maybe you were misled on the kind of belief of what the business would be
and how profitable it would be.
And I do believe if something doesn't work, you have to kind of
throw into a tail at some point.
I mean, I, if I can't pay the bills with what I do, I need to get a job.
And that's just the reality of life.
Maybe, you know, but even then, right, if you don't have any responsibility,
maybe you live with someone else, your bills are super low.
I still would argue that if you're not getting results that you should be,
or like expect to get, then even at that point, when you don't have
any financial responsibility, you should probably still move on to something
that's going to make you some money.
So Johnny, what are your thoughts on throwing into the tail with
reselling or even retiring?
I do plan to retire one day.
Let me make that clear.
I talk about it all the time.
Everybody gets all riled up because I say, I don't want to do this
when I'm seven years old.
Listen, no offense to you out there hustling.
I know there's a lot to be said for staying active in your later years of life.
My active won't be carrying books and, you know, licking CDs and
DVDs clean to sell on Amazon.
So Johnny, take us away.
Okay.
Well, we'll start with the probably more apparent and obvious ones to
the majority of our listeners here.
When should you quit not retire reselling?
So people that need to quit, my opinion, it's a couple of criteria.
One, you are not making any money and you've tried everything you have
been able to try and are still unsuccessful.
So you either need to start selling something different or
quit altogether, in my opinion.
Criteria number two, you're part of multiple groups like Mike's here or
reseller greatness or some other group.
And you refuse to listen to any of the information people have given you.
Myself included.
I've given information to people who ignore me.
And you know what?
They are still are not making any money.
Why?
Well, because you didn't listen to the information that would have corrected
the problem of you making money.
Also, another criterion for when you're quitting, you too big for your britches.
And what I mean by that is you spent a whole lot of money and your recoup
costs turn around is not there.
So maybe quit and start again, just stop and then start fresh like you should
have, and you grow into what you want to be.
Talking mainly to people who just charge everything.
Oh, I'm going to get a warehouse.
I'm going to buy all my inventory.
Now my $10,000 credit card is now maxed and rent to do next month.
And I don't got it.
Well, maybe you should foreclose and start from your room, like everybody
else did and start small and grow into it.
That's the correct way to grow.
In my opinion, for your retirees.
Well, when you've made enough money, you've reinvested your money elsewhere.
And you now are making what you would need to live on and then some off those
investments, then I think you can start thinking along the lines of retiring.
How much longer do you want to go?
Do you want your new monthly income from these other investments to be slightly
higher if not, well, you can plug pull whenever you want and, uh, I don't know,
go golfing or sit by the beach.
She can my ties next to some pool boy or girl.
Those are options.
How much per hour do you think you should make as a reseller?
Like, I don't know, throw a number out there.
Like how much you think as a reseller you should make per hour.
If you broke everything down in your business, if you're full time, if you're
not doing between 180, 250 an hour and your full time, like true full time.
Um, and this accounts for investing in all that.
That's the kind of money you would need on an hourly basis.
Every hour you put in, you're doing between 180 and 250 of results of
your efforts and work, in my opinion.
Um, if you're doing bulk, it should be probably closer to that 250 mark.
If you're not, if you're cherry picking, probably closer to the 180 and then
somewhere in between range, in my opinion.
Um, if you're a hobbyist or part-timer or supplemental income, of course, that
number is way lower, but I'm not really speaking to those people.
I'm speaking to people who decided to make this a career emphasis on career,
not just a chuckles.
I'll go down to the thrift store every once in a while and I'll get me
some books and DVDs, make myself a box and call myself a reseller.
Yeah.
That sounds like me, dude.
Every once in a while I stumble into a thrift store.
It's late at night.
I'm drunk and I just grab a few things and I make a whole bunch of money.
But I do think one person that should quit, if I had to like, try to identify
like the characteristics and traits of somebody is somebody that jumps.
To every shiny object that pops up in a reselling, whether that's business
model, there's a million business models, right?
We kind of only talk about bulk and cherry picking, but you got people that
do a million different things behind the scenes you got, you know, in the Amazon
world, Amazon, Amazon eBay to Amazon.
There's so many different things in Amazon wholesale, uh, RA, OA, private label.
I mean, the possibilities are endless.
And it's the same with eBay, right?
Uh, everything sellers that they know of a sudden, they want to start
selling sports cards this month.
And then next month they want to try video games.
I think those people after three months of doing that kind of nonsense, you
just need it, you're never going to gain traction or get results, no matter
what crazy idea you come up with to stick with, it's fine to try different things.
But those are experiments you're observing as you are currently building
the current business you have.
This isn't like, okay, well, I'm washing my hands immediately of what I have
going on now, and I'm just jumping all into this other thing and I had no
idea it's going to work, then people are never going to survive.
And I see it all the time in the social media realm on YouTube.
It's like, well, this doesn't work.
Well, how long did you actually try to sell books on Amazon or sell
CDs or DVD on Amazon?
Well, I tried for two months.
Well, is that really enough time to actually take six weeks to even get past
the feet nonsense when you start?
Yeah.
It's like, what's a, what's a time range you think to give something a shot to
see if it's actually going to work before you decide, okay, this isn't working.
Six months.
And if you're getting mediocre results, add an additional six months on that to
see if you can make them real results in my opinion.
So for me, I think you're a little high on that.
I don't think people as, as, as common sense as that makes Johnny, you have to
realize the reason people got into reselling is cause it's flashy fast money.
It's not six months money.
It's, it's, I would say three months.
I think three months is fair even for somebody who loves the flashiness to see,
okay, I'm going to commit to something for three months.
And this can be anything, right?
Like maybe you want to start writing, you know, books, maybe you want to start
publishing books on Amazon, KDP, right?
You have to give yourself a chance.
And one thing I kind of look back on myself and I prime myself on is if you
don't get results for something, it's a, okay to be like, I gave it my best shot.
I'm back in a way it is what it is.
I'm going to try something else, but people can't seem to figure that out.
It's like, I guess, I guess the same could kind of be said, like in
relationships, right?
It's like, if me and you hated each other and we just showed up to this every
single week and like it would, and we just drug it out for years and years.
And a lot of people's, you know, relationships kind of went up in the same
spot.
It's if you're not getting what you want out of something, it's fair to give it
a shot, try to fix it.
But at some point you got to walk away from it.
I like how you made us sound like an old married couple.
It's the truth, dude.
I mean, it's the same way.
It's not just business.
It's life in general, whether no matter what you're doing in life, you go to a
new job, maybe you don't like it the first month.
Maybe you're not, you know, maybe it's a commission job.
Like how many sales jobs people start and it's like, Oh, well, this
job's 90% commission.
Well, of course you're not going to be making the money in the first month.
You don't even have a client list.
Things take time to build, but at some point, if you ain't getting the results,
I can't be the guy that sells solar panels on 90% commission for six months.
And I'm selling one solar panel a month.
Like I can't pay the bills with that.
And I have to say, okay, well, I appreciate the opportunity, but now I'm
going to go get a job that pays me per hour, so I'm guaranteed X amount of money.
Oh, I'll, I'll give you a three month timeline.
If that person day one looks at all the numbers or at least learns where they're
located so they know where to look at them by the, by a full wake, they should
know and be looking at their numbers every day, documenting things, keeping
track, um, as well as learning all the little nuances that go with all these
things, um, where things are located on the Amazon or eBay windows, how do.
You're striving to improve yourself over the course of this three months.
It's not wait two months in.
Okay.
Now I need to learn title structure.
If you're doing eBay.
Okay.
Now I need to look at how many units I'm packing in a box because there's
costs associated with that.
Now you don't, you don't wait to do these things.
You need to be thinking about these things from day one, or at least by week
two, because now you, now you've done it.
You're okay.
These are all the things wrong that I'm fixing.
And also these are all the things I need to concentrate and hone in on.
If you're doing, if you're doing that kind of business, yeah, I'll say
three months is enough, but what happens and what I see in multitudes of groups
that people we associate with, they wait so long during their reseller
career to start improving.
And it's like, why?
We don't say anything new week to week, really?
No, it's the same old spiel.
Why are you waiting this long to start implementing what we're advising you to do?
I don't understand.
I people, people probably hate me for what I'm about to say.
Good.
I, I still can't wrap my head around it.
How you can spend 40 hours a week in a reselling business is
like, I'm not going to spend 40 hours a week in a reselling business and make.
You know, $400, $500, uh, you know, like, and I honestly, I'm trying to think to
myself, like, if I had to spend 40 hours a week in an eBay business, like.
Where does the time go?
Because I've never been that person, or, you know, like I'm all about processes
saving as much time as I can with Amazon.
So, like, 40 hours a week in an eBay business, unless I have an unlimited
amount of items to list, I mean, what, what else really is there to do?
Like enlighten me, like how I should spend 40 hours and where am I even
going to spend my 40 hours?
Like, it's gotta be like 75% of it's listing, right?
I would assume like 75% of your time on an eBay business is going to be listing.
Am I right?
Am I wrong?
Where am I at here, dude?
You know, you're right on that.
You're pre-processing for your photo prep.
I mean, well, the pre-processing, that's not so bad.
It may take you a couple hours with the...
Oh yeah.
If you're doing like clothing and sneaks, you got to clean this stuff.
Okay.
I see.
All right.
I'll give you some time for that.
Yeah.
I mean, then your photos, that'd probably another couple hours there.
And then majority of it, yeah, it's going to be listing and a little bit of shipping.
And then, okay, let's say you didn't have the 500 hours.
So let's throw in, I don't know, 10 or 12 of that 40 hour work week, maybe 15 to source.
But still the majority of it is going to in fact be listing, especially when you're
starting, because you're not going to know what you're doing.
You could try selling similar, but again, if you notice things in that week to two
week timeframe I gave you, those sell similar things, there's so much wrong
information in there, you're going to notice this and be like, this is wrong.
Flat out.
This is wrong.
And then you're going to have to correct it.
And then you know, for a doctor to do that.
So then it's going to take you longer and you're going to have to start from
scratch and then learning your starting over strategy and then improving those
processes.
But again, this 40 hours, it's going to shrink dramatically once your process is
improved.
And then what's going to happen is you're going to want to up your listing thing,
which makes the other things take longer.
Even your shipping is going to go up.
And that's probably the shortest thing in all of this is the shipping.
What do you think the average hours per week worked by eBay sellers is overall
including people that, yeah, like 10, you said 12 or less.
Yeah, probably between 12 and 16 hours, I would say, because if we're encompassing
all of resellers, I'm going to say half of that is going to be them sourcing,
looking around, reandering to find what I like to call grail shopping.
And well, they settle for not grails.
And that's what they take home with them because they didn't find any grails.
And that's what they then have to list because that's what they brought home with
them.
Or they put it in that pile that they never get around to.
That's most resellers in my opinion.
Yeah, I agree.
It might even be less than that.
And I don't think there's anything wrong with the person that has the eBay
business and maybe they're brand new or maybe they've been around for a while
and they want to spend the least amount of time in that eBay business that they
possibly can.
I think people get people get offended when you say, well, you know, I'm full
time eBay.
And then they're like, well, how many hours you're putting in?
You're like, well, 15 hours.
And it's like, no, you're not.
How dare you say you're full time.
You're only putting in 15 hours.
I think that type of mindset of not wanting to be, you know, in eBay's
warehouse, AKA your warehouse all day, every day is how you're going to make
leaps and bound jumps to the point where, okay, you don't have to be in the
business 40 hours a week.
Maybe that person who's like myself, like kind of my Amazon business, 20 hours a
week.
Maybe that person hires an employee.
Like the person that's working 50 hours a week should have did should have did
five years ago.
Right.
I mean, if you're, I can see an Amazon seller hiring a shipper where they
they're the ones that pack the boxes and then the owner, whoever they are, their
job is just to go back and bring the stuff, maybe price it, or maybe that's
the shipper's job too.
But anyway, you can run a very 40 hour, good 40 hour Amazon business.
A week business with two people.
I promise you.
If you're, if you still have a full time job and you're doing this on part time,
it's hard to bring on an employee because you're only putting in part time hours.
That's why most people don't have employees that we, that we talk to on a
regular basis just because they aren't putting in the full time hours to get
the full time results.
In my opinion, they want more money.
Then they think it'll come with just, I'm not saying work longer, but I'm
saying work longer hours.
Maybe you source different kinds of materials.
You aren't sending in the $5 DVDs anymore.
Maybe you're upping your game to the box set criterion only kind of model where
your ASP is 50 bucks per item, but you're going to spend five hours to find one of
those.
So you got to, how many hours do you have to work with and how can you maximize
those dollars per hour, per hour kind of thing?
Like are you better off spending that hour going to a yard sale, buying the
whole crate of books or box of books on the ground?
Are you better off?
Okay.
I'm going to spend an hour online, find a lot that has what I just mentioned in
there by that way for it to arrive, process it, figure out how to get rid of
the junk or I don't know, go drive to that place.
It's 30 minutes out of your way.
Go in there, look around, be prepared to walk out with nothing because your, your
model's different.
So there's all kinds of models.
I don't know.
It, it, and if you're, that's the thing too.
If you're failing at one model, what, what does it hurt to try another model?
Yeah, but you got to realize you're failing.
That's a problem.
People can't accept the fact they're doing something and it's not working.
Well, well, the telltale sign of this is, is your bank account going up at the end
of the day, that's all that matters is your bank account going up or at least
maintaining the same of what is acceptable.
It should always be going up in my opinion.
Well, somebody commented on a YouTube post that made the other day when I said,
I don't know nothing about books.
I just like the money I can make from books.
And they said, well, money's not everything.
They're full of shit.
That's, that's, that's literally, that's what we're wearing right through my mind.
I said, listen, I understand.
Like I'm not like out here, like money, money, money, money, money, but at the
end of the day, like I need money to survive.
Yeah.
I mean, um, the, the, the quote, everybody knows money can't buy happiness, but it
certainly can buy a peace of mind.
Bills are paid.
We're going to eat today.
I think another, another kind of person I wanted to talk about is the person that
is always trying to directly compare themselves to somebody else.
Um, you know, like if I started on eBay and, you know, I'm like, Oh, I want to,
you know, I want to sell you as clothes and like tech and sports, and I want to
do tech and sports numbers, like everybody's business is different in reselling.
And that direct comparison is never going to get you nowhere.
Right?
Like if I compare myself to the largest bookseller every single day, I'm
never going to win that battle.
Right?
I think you have to be consistent within yourself and your business.
And with time, you will get results.
And the perfect example of this is when we started this podcast, when I started
YouTube, we had nobody listening, no subscribers, no nothing, but every week
that the videos come out, the episodes come out with time, you gain traction.
If you're doing things the right way, consistency over time, you're
only going to continue to grow.
For some reason, it's so hard to get that through to people is just be consistent.
Focus on what's working and you won't ever have to worry about quitting
because your business will keep growing until you get to a point where you
don't have any more time to keep growing.
You're not going to remember this, but I do.
You remember back when he used to do those like one to two hour Q and a streams?
Okay.
Yeah.
Anyway, you were giving out some good information during one of those.
And I saw some people tip you like a dollar, $5.
Yeah.
I gave you 50 bucks and I still remember the look on your face.
Whoa, $50.
And this is back in your infancy stage, right?
When you were just starting your channel, that was a big deal.
I bet it was a big deal, but I still remember that.
What you were giving out was just pound for pound solid information.
That was, that was worth $50.
You saved me some time, more than $50 worth of time, but I'm kind of cheap.
So I just gave you 50 bucks, but no, I mean, paying you $50, you saved me some
time, but paying you $50 for $500 worth of information or more, or.
Expand throughout my career.
That's worth it to me.
And people got to understand that too.
That same kind of investment could be for your sourcing too.
It, if you invest in, I don't know, a better printer that improves your
processes or a cart, so you're not hand carrying things back and forth.
You've made those kinds of investments, either for knowledge or for a tool
that speeds you up, you're just going to make more money off the long run.
And it pays for itself in spades.
I think, like being excited about what you do and like, I'm like, the money
excites me, Johnny, you know, like I get excited when I get paid every two weeks
from Amazon, the money excites me.
And I think with reselling, if you're not enjoying yourself and it can't just be,
well, I love sourcing, right?
Cause Johnny just said the person that should call it quits is the person that's
into this right now and has a death pile of 500 items and they're still going out
to the thrift store today, like you're not, you're never going to get nowhere.
Why are we sourcing when we have the inventory already to list, you
already paid for that inventory.
It's not even like potential profit.
It's money lost at this point because it's not listed.
Like it's not sold.
It's that's the biggest thing to me is be consistent with everything in the business.
You can't be consistent sourcing and not consistent listing.
That doesn't work.
eBay, Amazon, you got to get things listed to sell it.
If you're, if you don't enjoy listing, you hate listing, you don't list, then
100% you need to quit because the only way you're ever going to make money
reselling is if you list the stuff you buy.
What's a kicker to me about this whole statement is on Amazon, we got that
fair pricing thing, like I did my job.
I sent it in, it should be for sale, but now it's an Amazon's dirty back room,
not for sale because now I got to think of a number to put on it or drill it
down to where it'll finally come back up for sale.
It's there and it's costing me money every month, every time it's not for sale.
So it's like, that's a weird version of an Amazon death pile is that fair pricing
thing, but anyway, I'm getting off topic.
When you should call it quits.
If you complain about the platform you sell on every other day.
Oh yeah, please do.
If you're spending more time watching YouTube than working, there's a problem.
If you're in total research mode for 75% of your work.
That's like 0.0001% of a resell.
Let's get real here.
Watching YouTube does not make you money.
It gives you some knowledge to make money with, but if you sit there and
treat it as, I don't know, a binge watching college course, you're doing it wrong.
I'm sorry.
You were, no, I'm not sorry.
I apologize for that statement.
You were in fact doing it wrong.
All right.
I need my editor to edit out that.
So people continue to watch my YouTube channel.
But no, I hear that and I hear about, Oh, did you see this on YouTube?
Or do you see that?
No, I don't got time to watch weird things on YouTube.
Maybe we can come out with a magazine.
That's like all the reselling news wrap up, right?
And then you just buy the magazine once a week.
It's like people magazine, but it's like, I don't know.
It's just, it'd be a very slim magazine because in my magazine, it's only
things that would matter.
We go into it.
Maybe it's like a one sheet pamphlet.
Cause the rest of it's just garbage and flash.
I'm guilty of that though.
Like when I first started to resell and like the amount of people I was
subscribed to, the amount of content I consumed instead of, you know, actively
getting out there and finding stuff.
It's, it's hard, you know, like that's, that's it, Johnny.
Like we all don't live in our warehouses like you.
Like we just want to sit around and watch YouTube videos and talk
to our favorite resellers.
And, you know, and for me, it's even tougher now, especially since we've
had so many YouTube resellers on the podcast, right?
Like I want to support people that, you know, have come on the channel
and like, I enjoy watching her videos, but I'm in the same boat where.
I can't just sit here all day and watch YouTube videos.
I can't just sit here all day and watch everybody's video.
Right.
If I think about how many YouTubers we've had on the podcast that are resellers
is like, I don't have enough time in my day to watch all the videos and comment.
Many.
Yeah.
It's like, um, if somebody mentioned that's in the reselling world, they
mentioned to me, Hey, you should watch this video.
It's got some good info in it.
I'll watch those, but very rarely do I go out and just, well, who am I subscribed
to, I need to catch up on their videos.
I used to do that, but I just don't got time for that these days.
Maybe when it, maybe when we go to that other part of the spectrum that we're
talking about, when it's time to retire, maybe then I'll catch up on everybody's
channels 10 years later.
Yeah.
Well, the retirement conversation is pretty easy here, right?
Put money aside now, even if it's $20 a month, $50 a month, whatever that is to
you, um, even if you're not putting it in any kind of like retirement funds, you
know, SEP IRAs, things like that, put it into a savings account, have a rainy day.
I know I talk about it all the time, but having financial, you know, basically
peace of mind, it will change the way you behave in so many different ways.
And if you're the person that's going to start a reselling business with, you
know, a credit card, just quit, just quit.
You're not, it's not going to work.
If you can't afford it when you first start and you need to sell, you know,
your phone, you have sitting around for 10 plus years that you've never going
to use again, like you can easily start this business by cashflow.
And so that's 100%.
If you think you're going to start reselling today, um, and your plan is to,
you know, go get a chase zero, 0% APR Johnny 5% cash back.
I'm going to be rich.
Like this is not for you quit before you even start.
Right.
I mean, Mike's a little bit more conservative on this than I would be, but
I can't get conscious till the 99.9% of people listening to this to go out and
charge stuff to the 0.01% people I'm referring to.
So the Johnny's out there.
Sure.
Go do it.
Yeah.
I mean,
how to do it.
Most people don't.
And that's, that's the painful part.
And the other side painful part, you got all the no offense, Mike,
absolutely present company excluded from this next statement.
They all tell you to do it and they're fucking wrong.
Yeah.
I said fucking wrong.
It's the truth.
Um, I think let's do some rapid fire.
People we think should quit.
Uh, we're just so crazy things out there.
Like real people we know, cause I got a list.
Dude, I keep a list of everybody right here in front of everybody.
That is right at the top.
Now Tommy boys doing everything.
Everybody that joins the channel, like that they have a little stick figure on
the wall, right.
And then when I don't hear from her, see him in a month, I just get my dry
eraser and I raise them and then I put a little tombstone with their name on it.
And that's how I keep track of people come and go.
And I don't think there's anything wrong with it.
I think I've tried things, you know, business wise in the past,
that just didn't work for me.
And sometimes it does take somebody else telling you, Hey, this ain't it.
Like Johnny, you're wasting your damn time.
Like stop trying to, you know, have a hot dog stand in the middle of nowhere,
Texas, like nobody wants to buy your hot dogs.
Oh, it's like be selling a, what are they called?
Uh, ice cones.
So they call them.
Yes.
The little snow cones, you know, yeah.
Selling snow cones in Michigan and winter.
Yeah.
But see, the problem is I tell you to stop selling hot dogs and you're like,
but, but, but, but like, no, there's no more, buts like that's it.
You gotta, you gotta just leave it alone.
Like you gotta do something else.
We just continue to drag along stuff that doesn't make sense in our lives and in
our business for no apparent reason other than just to say, Hey, I can go to
the thrift store and have some fun.
And before we do this rapid fire thing, two things, one, stop putting off what
you're putting off corrected today.
If people prolong issues way too long.
I don't, I can't stand it myself.
I deal with it the day.
The worst is it takes me two days to fix a problem.
And that's mainly me waiting on other people to that are preventing me.
Like me emailing support back and forth.
That's out of my control.
So it may take two days to resolve, or I'm just overloaded with, there's too
many bad things going on and I have to prioritize the badness of the things at
the end of that list may have to get pushed off to two days, but very rarely
does anything go beyond a day that's a problem or an issue I'm directly facing
that I can't fix or in the process of fixing up, even if it takes me a
week to finish fixing it, I don't start the process the next day.
I deal with it the day of number two.
On that same note, if you're dealing with ongoing problems, free yourself of those
problems.
I'm not talking about correcting it in this, the statement here, that junk
pile that's in the corner, get rid of it.
Burn it.
Set on fire for all I care.
Get it out of your life.
That's a problem that's in your face every day.
That takes up mental real estate that you could be assigning to your
business to make more money.
You need to fix the, I don't know, the air conditioner in your vehicle or your
alternator or whatever to make your car go.
So you can go sourcing, go fix your car.
Sorry, I'm only allowed two F words on a podcast.
That's right.
I've used them.
So deal with, fix the issues and eliminate the issues.
That's probably the biggest piece of advice I can give you in this episode.
And if you can't do either, GTFO there.
Oh my God, we're becoming like the younger generation.
We're just going to use-
Like old cranky men.
Like you know, like the Muppets, those two old men heckling everybody in the-
Yeah.
Maybe we can start the podcast.
Like, you know, for a while there was that like, was that like, well, that's
how it started because that's how old crump we are.
All right.
Rapid fire people that you quit.
First one I got for you is that people that think you're going to walk into
thrift stores and hit some of these crazy gold bar finds every single time
that you like, you see on YouTube.
That's a good one.
Uh, people who want to talk about philosophy and existential reasons behind
where he's selling.
People who think money doesn't matter.
People who think they will liquidate their savings and max their credit
cards after their savings are gone.
People who type in the search bar on YouTube, how to cheat and get ahead
and sell it on eBay.
People who don't listen to advice given to them by coaches.
People who think they can copy six figure, seven figure businesses overnight.
Good one.
People who are selling products.
They have no business selling.
People who spend more on equipment and trinkets than they do on inventory.
People whose Instagram accounts bigger than their bank account.
That's a good one.
That should have been like the, the final like dongle on that.
We have Instagram account bigger than your bank accounts.
Holy smokes.
Listen, just cause you're a boomer and you're not on Instagram.
Don't be hating on us out here.
You see now I'm completely, I'm at a loss for, I'm at a loss for everything.
People who don't want to take the fast dollar today over the $5 in the bank
account in the long run.
People switching business models every month.
People who think best offers are the work of the devil.
People who think promoted listings are the work of the devil.
If you get offended by a customer message, you're not going to last.
Anything else?
People who put candies in their packages.
I got it.
This is the best one.
People who actively post on the eBay and Amazon forums.
Yes.
Yes, that is, that is, I mean, maybe when I retire, I'll get involved with the forum
games that go on on eBay.
Like people were all bent out of shape when I made that video, but like the forums ain't it.
Like, what are you getting out of it?
Like it's just, it's, it's craziness.
It's madness.
It's people that have no idea how to run their business and eBay.
I couldn't even find anything related to business.
It's all just like, Hey, let's play hangman today.
Let's, let's play hangman.
I'll go first.
Or like, let's, let's write a story together.
Like maybe we should just do a podcast where we, everybody has a group just writes a story
or like a zoom call one week.
Like, we'll just go around.
Everybody says one word.
It'd be like, remember those little booklets where you could put like a noun, an adjective
and then like a verb.
And then like automatically fills it in.
And it's like some crazy story.
Like that's what the eBay forums are.
All right, everybody.
At the end of the day, if you're not getting the results, it's a, okay to quit, but there's
also something to be said about taking a look in the mirror, seeing if you can change something
before you throw in the towel and give yourself a reasonable amount of time to see if you can
make things work.
You should be making money reselling the profits or, you know, the ROI is crazy.
Even though people complain about the fees going up, we still can go buy items for under
$10 and sell them on average for, you know, 30 to $50 on the conservative side endlessly.
Because, you know, there's thrift stores everywhere.
And on the topic of that, in the last final call I have for you, if you think that you
can't find the profitable items in your area just because of your area, you should quit.
So we appreciate you listening, watching over on the YouTube and we'll talk about that.
We'll talk to you all next week's episode.